Ugoria-Life
Russia
Central Federal District of the Russian Federation
Moscow
121087, Coastal passage, house 5A, building 1, floor 20, office 20/1/1.
JSC "IC" Yugoria-Life "is a member of the All-Russian Union of Insurers and as of July 2021 has licenses for insurance issued by the Central Bank of the Russian Federation. The main activities of the company are voluntary personal insurance and voluntary life insurance.
History
2021: ICD is going to buy Yugoria-Life. FAS approved the deal
On July 20, 2021, the Federal Antimonopoly Service (FAS) announced the approval of the sale of the insurance company Yugoria-Life to the Moscow Credit Bank. The value of the transaction is not called.
The fact that MKB wants to acquire a 100% stake in IC Yugoria-Life became known on June 26, 2021. At that time, the insurance company was a 100 percent subsidiary of Region-Infrastructure LLC, which is part of the Region group of companies, whose beneficiaries are Sergey Sudarikov (90%) and Andrey Zhuikov (10%).
According to Interfax, the main shareholder of MKB is the Rossium concern. As of May 11, 2021, he directly owned 56.07% of the bank's shares, controlled another 3.71% through subsidiaries.
IK "Region" Sergei Sudarikov and Andrei Zhuikov owned 6.54% of MKB. NPF Evolution and Future, part of the Region group, owned 6.08% of the bank. The European Bank for Reconstruction and Development (EBRD) owned 3.64% of the ICD. Another 1.37% through a number of its funds was owned by the American investment Vanguard Group.
According to the results of the first quarter of 2021, MKB ranked 6th in terms of assets in the Interfax-100 ranking, and Yugoria-Life ranked 21st among insurance companies in terms of collected life insurance premiums in the first quarter of 2021 with an indicator of 381.5 million rubles. The company's payments for the same period amounted to 117.6 million rubles.
ICD and Yugoria-Life are long-time partners. Thus, they offer the "Confidence" insurance program, which protects the client and his family in case of the risks of losing the work of the insured person, hospitalization, disability, disability of group I and II, as well as leaving life. You can purchase the "Confidence" policy in all branches of the Moscow Credit Bank.[1]
Notes
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